The table presents sets of statements linked to the Keynesian and Monetarist schools of thought. Which set is correct?
- AKeynesian: crowding out effect prevents private sector investment / Monetarist: controlling the money supply controls inflation
- BKeynesian: fiscal policy is best for economic growth / Monetarist: wages are flexible
- CKeynesian: reducing inflation is more important than reducing unemployment / Monetarist: reducing unemployment is more important that reducing inflation
- DKeynesian: wages are sticky downwards / Monetarist: controlling aggregate demand controls inflation